Polar Asset Management Partners Inc. Makes New $39.05 Million Investment in Johnson & Johnson (NYSE:JNJ)

Market Beat
2025.05.26 10:56
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Polar Asset Management Partners Inc. has made a new investment of approximately $39.05 million in Johnson & Johnson (NYSE: JNJ) by acquiring 270,000 shares during the 4th quarter. This investment comes as several other hedge funds also increased their stakes in the company. Johnson & Johnson's stock has received mixed ratings from analysts, with a consensus target price of $170.88. The company recently reported strong quarterly earnings, exceeding analysts' expectations, and announced a quarterly dividend of $1.30 per share.